W. R. Berkley Corporation (MACI) discloses 8.3% ownership of Melar Acquisition Class A shares
Rhea-AI Filing Summary
W. R. Berkley Corporation, through subsidiary Berkley Insurance Company, reports beneficial ownership of Class A ordinary shares of Melar Acquisition Corp. I. The filing states ownership of 795,916 Class A shares, representing 8.3% of the outstanding class.
The reporting persons have shared voting and shared dispositive power over all 795,916 shares, with no sole voting or dispositive power reported. The disclosure is filed as Amendment No. 1 to a Schedule 13G.
Positive
- None.
Negative
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Key Figures
Beneficial ownership: 795,916 shares
Percent of class: 8.3%
Shared voting power: 795,916 shares
+2 more
5 metrics
Beneficial ownership
795,916 shares
Class A ordinary shares of Melar Acquisition Corp. I reported as beneficially owned
Percent of class
8.3%
Percentage of MACI Class A ordinary shares beneficially owned by W. R. Berkley Corporation
Shared voting power
795,916 shares
Shares over which W. R. Berkley Corporation has shared voting power
Shared dispositive power
795,916 shares
Shares over which W. R. Berkley Corporation has shared dispositive power
Par value
$0.0001 per share
Par value of MACI Class A ordinary shares reported in the ownership filing
Key Terms
beneficially owned, shared voting power, shared dispositive power, parent holding company, +1 more
5 terms
beneficially owned financial
"Item 4. | Ownership (a) | Amount beneficially owned: 795,916"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
parent holding company regulatory
"If a parent holding company has filed this schedule, pursuant to (ii)(G)"
Schedule 13G regulatory
"If a parent holding company has filed this schedule, pursuant to (ii)(G)"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What percentage of Melar Acquisition Corp. I (MACI) does W. R. Berkley Corporation report owning?
W. R. Berkley Corporation reports beneficial ownership of 8.3% of Melar Acquisition Corp. I’s Class A ordinary shares. This 8.3% interest is based on 795,916 shares over which it has shared voting and dispositive power.
Which entities are listed as reporting persons in the MACI Schedule 13G/A?
The reporting persons are W. R. Berkley Corporation and its subsidiary Berkley Insurance Company. Both entities report identical positions: 795,916 MACI Class A shares with shared voting and shared dispositive power and no sole authority reported.
What type of security in MACI is covered by this Schedule 13G/A filing?
The filing covers Class A ordinary shares of Melar Acquisition Corp. I with a par value of $0.0001 per share. These are the equity securities for which beneficial ownership of 795,916 shares, or 8.3% of the class, is reported.